ronscarpa Posted December 18, 2021 Report Share Posted December 18, 2021 Remember, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... RON *** Vital Brad I was thinking with the new administration this reset wouldn't happen. I thought it was pushed off and I thought we were out of luck but it actually seems like they'e pushing it even harder. They're pushing it faster...the stage is being set... *** Frank26 Article: "Economist: What the Central Bank has achieved in terms of monetary reserves requires the government to reduce the exchange rate" ...In 2003 the rate was about 4500 to 1. It has been reduced to 1460 and continues to be reduced until they get to 1 to 1. It started as a very large number and it has to be reduced to 1 to 1 ratio. That's what they're doing so they can de-peg from the American dollar and be...1 to 1 on par with it. Now let's go international because we got a lot of people that want to use the Iraqi dinar. The value internationally is going to skyrocket. 3 1 Quote Link to comment Share on other sites More sharing options...
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